Xuan Lam, Nguyen

The logic of economic growth:

K 

L  

H   Economic growth rate (g) ↑
 Y R 
L   Y  GDP  
L
N   GDPR per capita ↑ → Living standards ↑
 
L 
A  

The logic of saving’s role:

K Y
S↑→I↑→K↑→   …
L L

The logic of FDI’s role:

 K 
 K  L    Y  ...
 
FDI    L
A 

 higher W  GDP R  GDPR per capita ↑ → Living standards ↑

… and the three above also illustrate how logical thinking works. It’s that simple.